How much does it cost to buy a house in Pine Island, MN?

In May 2026 Pine Island homes were listed to buy for a median price of $399K, which is a 5% decrease to April 2025 last month, and a 5% decrease to May 2025 last year. The median value of a home listed to buy in Pine Island in May 2026 was $174 per sqft, which is a 22% decrease to April 2025 last month, and a 21% decrease to May 2025 last year.

Is it affordable or expensive to live in Pine Island, MN?

It is affordable to live in Pine Island. Buying a home in Pine Island is 1% less expensive compared with the national average.

Is it a good time to buy property in Pine Island, MN?

Yes now is a good time to buy property in Pine Island, in May 2026, homes in Pine Island have decreased in value (price per sqft) by 21% in the last year compared with May 2025.

Is the Pine Island, MN housing market slowing down?

The housing market in Pine Island is slowing down. In May 2026, homes to buy in Pine Island spent an median 181 days on the market, a 9% decrease from May 2025 last year.

What are the best and safest places to live in Pine Island, MN?

The best and safest neighborhoods to live in Pine Island in May 2026 are Hart Farms, Baihly Meadows, Glendale, Southern Hills, Golfview, Folwell, Historic Southwest, Northwest Rochester, Stonehedge Townhomes, Viking Park, Apple Hill, Kutzky, John Marshall, North River Court, Meadow Park, John Adams, Elton Hills, Washington, Hawthorne, The Gardens

How much money should I make to buy a house in Pine Island, MN?

In May 2026, Pine Island homes were listed to buy for a median price of $399K, with 25% down you would need $2.3K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $78.9K.

Is it a good time to sell my house in Pine Island, MN?

Yes now is a good time to sell your house in Pine Island, in May 2026, homes in Pine Island have decreased in value (price per sqft) by 21% in the last year compared with May 2025.